The University of Arizona Foundation provides asset management assistance to the University of Arizona and can assist the institution in other areas upon request. For example, the Foundation can acquire real estate property on behalf the University or can facilitate a gift of intellectual property.
The Foundation’s approach to Asset Management is outlined in a formal investment policy. The Foundation’s Investment Committee oversees three pools of capital: Annuity and Life Income Fund, Restricted Fund and Endowment Fund. The Foundation uses TIAA Kaspick to provide investment and administration services for the Annuity and Life Income Fund. The Foundation works with its independent investment consultant, the Fund Evaluation Group, to create model portfolios for the Restricted Fund and the Endowment Fund. The Endowment Fund is the larger of the two pools and the Foundation maintains a highly diversified portfolio with a goal of generating a return in excess of the Payout Rate (4%) and Endowment Fee (1.35%) such that the endowment can grow and accomplish the activities our donors envisioned when they made their gifts.
Asset Management Highlights
The UA Foundation manages a $825 million endowment.
The UA Foundation asset base is $950 million.
The UA Foundation maintains approximately 4,000 accounts for 200 programs.
The endowment payout rate is 4 percent.
The UA Foundation serves as trustee for life income agreements.